Onchain vault provider Upshift taps Securitize Fund Services for third-party reporting
The Block
Onchain vault platform Upshift has partnered with Securitize Fund Services to provide institutional-grade reporting and transparency for its vault products.Summary
Upshift, an onchain vault provider, is partnering with Securitize Fund Services to integrate institutional-grade reporting, auditing, and reconciliation into its operations. This collaboration aims to provide investors with transparent, audit-ready data, marking a significant step in bringing traditional financial infrastructure to onchain yield products. By utilizing independent third-party validation, Upshift intends to attract institutional and regulated capital that previously avoided the sector due to a lack of standardized reporting. The announcement follows recent expansion efforts by Upshift and occurs amidst a period of heightened scrutiny following security incidents within the broader onchain vault ecosystem.
(Source：The Block)